Episode 31: Empowering Kids with Financial Literacy with Crystina Cardozo

Financial Progress Podcast

Keywords

financial literacy, budgeting, kids and money, investing, cultural influences, lifestyle creep, financial setbacks, teaching children, financial education, lifelong learning

Summary

In this engaging conversation, Chrissy and Jess welcome Crystina Cardozo, a family financial literacy educator and real estate investor, to discuss the importance of financial literacy for children. Crystina shares her own journey with money, the influence of cultural backgrounds on financial perceptions, and practical advice for parents on teaching their kids about money management. The discussion also touches on the challenges of lifestyle creep, the significance of budgeting, and Crystina's upcoming children's book that aims to make financial literacy fun and relatable for kids.

Takeaways

• Financial literacy starts at a young age.
• Cultural backgrounds shape our perceptions of money.
• Teaching kids about money is crucial for their future.
• Budgeting should be a regular family activity.
• Lifestyle creep can affect anyone, regardless of financial knowledge.
• Engaging children in financial discussions can help them learn.
• Using relatable examples can make financial concepts easier to understand.
• Children learn by observing their parents' financial habits.
• It's important to adapt financial education to different age groups.
• Lifelong learning is essential for financial growth.

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